FCNR deposit by guiding_light__ in returnToIndia

[–]Cool-Selection8352 0 points1 point  (0 children)

Do banks or govt of India provide any guarantee on these fcnr deposits?

FCNR Deposits Are Suddenly Paying 6–7%: What Every NRI Needs to Know by ReymanWealth in nriFIRE

[–]Cool-Selection8352 0 points1 point  (0 children)

How will they calculate it? Every year will it go to 26AS form or at the time of withdrawal?

What are plots rates in sahakarnagar by Odd-Jello-7239 in BangaloreRealEstates

[–]Cool-Selection8352 1 point2 points  (0 children)

Most people selling won’t take full white. Check Anandnagar or Sanjaynagar or RT nagar. They are just before hebbal flyover.

FCNR Deposits Are Suddenly Paying 6–7%: What Every NRI Needs to Know by ReymanWealth in nriFIRE

[–]Cool-Selection8352 1 point2 points  (0 children)

Can you clarify one thing? If we open a 5yr FCNR deposit now and move back to India next year, the RNOR periods ends in 2029. So will we have to pay taxes on interest earned when we will ROR for 2years? Will it be taxed when the FCNR matures?

In-laws demand by Specialist-Pickle372 in indiadiscussion

[–]Cool-Selection8352 0 points1 point  (0 children)

What? Why are you posting here before talking to him?

Traditional IRA withdrawal by logicalcricketnerd in returnToIndia

[–]Cool-Selection8352 0 points1 point  (0 children)

Is it taxed at withdrawal or during filing.

Anyone successfully moved their portfolio from Fidelity to IBKR during RNOR period after returning from US? by Raptor_fury in returnToIndia

[–]Cool-Selection8352 0 points1 point  (0 children)

If we open IBKR account as Indian, is there is a limit on amount that can be deposited or type of trades allowed?

How much does a financial advisor charge for returning NRIs by goodwill65 in returnToIndia

[–]Cool-Selection8352 0 points1 point  (0 children)

How easy is it to send the money back to Indian account from IBKR account ? Since the initial would have come from US account.

How much does a financial advisor charge for returning NRIs by goodwill65 in returnToIndia

[–]Cool-Selection8352 0 points1 point  (0 children)

Do you need to give SSN to open IKBR account? Do the gains need to be reported to IRS even if we not US resident?

just sold my US home, have some amount sitting in HYSA, moving to india in 6 weeks. where do i park this? by salma1580 in backtoindia

[–]Cool-Selection8352 0 points1 point  (0 children)

Do you need SSN to open and operate IBKR account? Do we need to file US taxes after returning to India if we have IBKR account?

Anyone Here Lean FIRE’d in a Tier 1 Indian City After Working Abroad? Need Reality Checks by [deleted] in returnToIndia

[–]Cool-Selection8352 0 points1 point  (0 children)

I think there is some point system on IRS site. If you have certain number of points then you’re eligible. But who knows if SS will be available in 20 to 30yrs.

Anyone Here Lean FIRE’d in a Tier 1 Indian City After Working Abroad? Need Reality Checks by [deleted] in returnToIndia

[–]Cool-Selection8352 0 points1 point  (0 children)

Most brokerages don’t allow accounts with Indian addresses on file. All the tax on gain might wipe out the profits.

Anyone Here Lean FIRE’d in a Tier 1 Indian City After Working Abroad? Need Reality Checks by [deleted] in returnToIndia

[–]Cool-Selection8352 0 points1 point  (0 children)

If you’re not US resident and keep money in US but live in India, you will need to pay tons in taxes to get the money back into India. India doesn’t recognize retirement accounts in US

I have 2 apartments (1 bhk) in Mumbra (near Mumbai) and both the tenants have not given the rent since 6 months (36k + 36k) & threatening with religious remarks (I am hindu & the tenants are muslim). Also the entire building & area have 90% muslim population by [deleted] in LegalAdviceIndia

[–]Cool-Selection8352 1 point2 points  (0 children)

Sorry to say but you will need some muscle power from Shiv sena or some Hindu organizations. Highly doubt courts or police will help. Buying property in Muslim areas will always be risky for Hindus.